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Canadian Small caps and Penny stocks

  • Last Updated:
  • Nov 19th, 2017 9:14 pm
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Newbie
Nov 11, 2017
8 posts
1 upvote
To : IZZYZZ...maybe you will like this one better....Eye Carrot Innovations Corp...I have been following this stock for a few months...I bought some shares when it was 10 cents and it is starting to move up....I like it because it has a very small float, only 39 million shares, so it can move quickly, insiders have been buying over the past year and there is high insider ownership, the CEO himself owns almost 10% of the shares...from what I see, there is no debt and there has been strong stock accumulation over the past 3 months..this checks most of the boxes for me.
Jr. Member
Jan 27, 2016
148 posts
95 upvotes
Toronto, ON
SNF.V nice buy this morning, scotia and cibc have been cleaning out ANON for months now. Only real seller of the stock, anon has about 1 mil shares of SNF and they have sold off approx 550k of it.

Once they are officially gone and with solid financials this will move easily above 25 cents

Recent Trades - All 2 today
Time ET Ex Price Change Volume Buyer Seller Markers
09:37:50 V 0.16 0.005 97,000 85 Scotia 1 Anonymous K
09:37:50 V 0.16 0.005 4,000 85 Scotia 124 Questrade KL
Jr. Member
Jan 27, 2016
148 posts
95 upvotes
Toronto, ON
Hey if you made $ it's good.

But that stock didn't have much volume at all when it reached 40% and honestly it seems like a pump and dump. If you sold or made some nice returns thats great, but I personally wouldnt put a dollar in that....way too many warning signs and that's how you get torched if your not careful
Spotter101 wrote:
Nov 14th, 2017 6:54 pm
You could be right...I am basically going with what occurred the previous 2years...they had the same terrible balance sheets but the stock did well during the Christmas season...it is a small float so it does not take a lot to move as you saw it was up over 40% at one point today.
Deal Fanatic
User avatar
May 2, 2006
5001 posts
1039 upvotes
GTA
Looks like we had a bit of a short squeeze in GGI this afternoon. All indicators are pointing to Friday as the day for assays release. Interestingly enough, Nov. 17th will be the anniversary of Voisey releasing their first assays and their sp doubling overnight... Here hoping the history repeats itself. :)

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My current small cap holdings: ACU, AIS, CCC, COR, DM, GGI, GRV, MOS.
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Jr. Member
Jan 27, 2016
148 posts
95 upvotes
Toronto, ON
TNA.V

Another massive Q and this is their slowest Q of the year historically.

Over 1 mil USD net income before taxes-approx 660k clean USD

Also their Casino has been sold and closes end of month for 1.9 mil USD


What a cash MACHINE!!!

Next Q will be much higher, closer to 800-1 mil net income USD

This stock is worth mid 20's-30's right now

Company made 2 mil USD profit last 9 months. That is impressive for a company with its current MKT cap

Great results. Debt will fall by about $1M at least. Book value understated by $500K. Executing on all fronts at the moment.

The company has entered into an agreement to sell the real property where Palace Tukwila was located for $1,950,000. The buyer has made a $50,000 earnest money deposit and the sale is supposed to close on or before November 30, 2017. The company has mortgages on the property with balances of $1,054,956 as of September 30, 2017 which would be paid in full if the sale is completed. The book value of the property being sold is $1,434,184 as of September 30, 2017
Jr. Member
Jan 27, 2016
148 posts
95 upvotes
Toronto, ON
TNA.V Q3 DD Report. Financials + MD&A Highlights. $0.02c EPS

Evergreen Gaming Corporation Q2 Results(Ending June 30th 2017)
All Information Can Be Found On SEDAR – www.sedar.com

Previous Closing Price: $0.14
Common Shares: 124,716,865
Insider/Institutional Holdings: 95,967,855 or 77.51%
Retail Shares Available: 28,749,010 or 22.49%

Financial Results (All Numbers In USD)

ASSETS
Property, Plant & Equipment: $10,531,011
Goodwill: $6,435,481
Trademarks: $1,185,000
Game Licenses: $60,667
Deposits: $27,110
Inventories: $168,011
Accounts Receivable: $37,196
Other Assets: $224,477
Cash, restricted: $2,758,138
Cash: $5,444,510
Total Assets: $26,871,601 USD

LIABILITIES
Deferred Tax Liabilities: $348,000
Notes Payable: $6,573,585
Other Payables: $5,460,159
Notes Payable: $393,858
Total Liabilities: $12,775,602 USD

3 Month Results USD
Revenue: $8,554,697
Net Income: $627,304

9 Month Results USD
Revenue: $26,196,124
Net Income: $2,012,248

9 Month Revenue convert into CAD and Earnings Per Share
USD-CAD-1.27 as of November 16th 2017
$2,012,248 X 1.27 = $2,555,554.90 CAD
$2,555,554.90 / 124,716,865(common shares) = $0.0205 over 9 months

14. SUBSEQUENT EVENTS
The company has entered into an agreement to sell the real property where Palace Tukwila was located for $1,950,000. The buyer has made a $50,000 earnest money deposit and the sale is supposed to close on or before November 30, 2017. The company has mortgages on the property with balances of $1,054,956 as of September 30, 2017 which would be paid in full if the sale is completed. The book value of the property being sold is $1,434,184 as of September 30, 2017.

**NOTE** - Tukwila was closed February 4th and has not generated any revenue since then. This will reduce liabilities substantially and give the company additional operating capital.

TNA.V MD&A Highlights

Overall Performance Current quarter compared to prior year
Net revenue for the quarter ended September 30, 2017 was $8,554,697, an increase of $108,190 compared to the same period in the prior year. Gaming dollars dropped were 11.3% higher than the prior year quarter but that increase was offset by a lower hold percentage of 1.8%. The income from operations was $1,042,536 compared to $971,941 in the prior year quarter. This increase was due to the increase in net revenues partially offset by an increase in operating expenses of $37,595. The labor and benefit expenses increased due to an increase in the minimum wage, but that increase would have been even higher except for the closing of Palace Tukwila on February 4, 2017.

Net income before taxes was $967,761 compared to $836,569 in the same quarter of 2016, a $131,192 increase. The increase was due to the higher income from operations and lower finance costs due to paying off outstanding indebtedness.

Working capital at September 30, 2017 was $2,778,315 compared to working capital of $1,744,546 at December 31, 2016. With sustained healthy revenues and ongoing game protection and expense controls, management expects continued profitable operations sufficient to exceed the cash demands necessary for the company to meet its future obligations.
The Company’s assets at September 30, 2017 totaled $26,871,601 compared to total liabilities of $12,775,602. At December 31, 2016, total assets were $23,922,129 compared to total liabilities of $11,838,378.

The Company’s cash at September 30, 2017 was $8,202,648, compared to $4,563,587 at December 31, 2016. These amounts include “Restricted Cash” balances of $2,758,138 and $914,071 respectively. “Restricted Cash” balances are jackpot funds held for prizes being offered at the casinos. Cash provided by operating activities for the quarter ended September 30, 2017 was $1,615,226 compared to $471,994 for the quarter ended September 30, 2016.

Additional Information Can Be Found On SEDAR
Member
User avatar
Nov 26, 2014
290 posts
57 upvotes
Quebec
2 or 3 more posts and you will be able to sell your 132 500 shares at 0.20 :)
Jr. Member
Jan 27, 2016
148 posts
95 upvotes
Toronto, ON
I have a lot more than that now (bought more 14 cents) and I wont sell any till mid 20's. Been telling this board to buy since 9-12 cents

This company doesn't put our NR's, so most people have no clue the results they just released
p0nk1n wrote:
Nov 16th, 2017 1:09 pm
2 or 3 more posts and you will be able to sell your 132 500 shares at 0.20 :)
Deal Fanatic
User avatar
May 2, 2006
5001 posts
1039 upvotes
GTA
DM completes a major acquisition and pp, closes at .215 (+22.86%). More news is expected on Monday. The party is only getting started here, IMO.

GGI closed at $4.60 (+6.48%) with news (and a possible halt) anticipated tomorrow.

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My current small cap holdings: ACU, AIS, CCC, COR, DM, GGI, GRV, MOS.
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Jr. Member
Jan 27, 2016
148 posts
95 upvotes
Toronto, ON
looks like GGI is halted..good luck to u lads
Newbie
Oct 31, 2017
4 posts
1 upvote
sad we did not get our NR as promised for GGI.. guess we will wait for Monday NR
Deal Fanatic
User avatar
May 2, 2006
5001 posts
1039 upvotes
GTA
Re: GGI... It's in regulators' hands now. The NR is significant enough to warrant a thorough review, it appears. Hopefully, it is out on Monday but could go into Tuesday. We'll see.
Jr. Member
Dec 31, 2015
181 posts
8 upvotes
Vancouver, BC
izzyzz wrote:
Nov 17th, 2017 9:46 pm
Re: GGI... It's in regulators' hands now. The NR is significant enough to warrant a thorough review, it appears. Hopefully, it is out on Monday but could go into Tuesday. We'll see.
Going to be an exciting day tomorrow. A little nervous about the news release though lol.

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